Key points
- TerraCom Ltd reported a revenue of A$178.9 million for FY2026, a 21.1% decrease from FY2025.
- The company experienced a loss from ordinary activities of A$45.6 million, a 5.1% decrease from FY2025.
- TerraCom Ltd's net tangible assets per ordinary security decreased by 50.8% to 7.35c.
- No dividends were paid to shareholders during FY2026.
- TerraCom Ltd is planning for FY2027 coal sales in the range of 2.0 to 2.2 million tonnes.
Full summary
TerraCom Ltd has released its Preliminary Financial Report for the year ended 30 June 2026, reporting a revenue of A$178.9 million, a 21.1% decrease from FY2025. The company experienced a loss from ordinary activities of A$45.6 million, a 5.1% decrease from FY2025. Net tangible assets per ordinary security decreased by 50.8% to 7.35c. No dividends were paid to shareholders during FY2026. The Blair Athol Mine, TerraCom's principal operating asset, faced challenges due to lower international thermal coal prices, adverse weather, and intermittent supply chain disruptions. Despite these challenges, the company maintained focus on preserving margins through mine planning, cost control, and operational efficiency. The company is planning for FY2027 coal sales in the range of 2.0 to 2.2 million tonnes.
Guidance
FY2027 coal sales in the range of 2.0 to 2.2 million tonnes
Outlook
TerraCom Ltd is planning for FY2027 coal sales in the range of 2.0 to 2.2 million tonnes.